NEW YORK, May 10, 2023 /PRNewswire/ -- The INX Digital
Company, Inc. (Cboe Canada: INXD, INXATS: INX, OTCQB: INXDF)
("INX"), a broker-dealer and inter-dealer broker, is pleased to
announce that Alexandra Damsker and
Ralph Daiuto have joined its Advisory Board of Directors. The
two seasoned executives bring a wealth of experience and knowledge
to the company as it continues its growth trajectory in the digital
economy.
Alexandra Damsker is an
experienced corporate and securities attorney, public speaker and
runs the token-agnostic blockchain education podcast Crypto |
Immersion. Formerly with the US Securities and Exchange Commission
(SEC) and international firm Mayer Brown, she is also a two-time
founder. Mrs. Damsker has been in the blockchain space since 2016,
currently serving as legal, operations, and strategic advisor to
several companies, family offices, and high net-worth individuals
regarding a variety of blockchain and Web3 fields.
Ralph Daiuto is an accomplished
attorney and entrepreneur with over 30 years of experience in the
securities and fintech industries. He is currently the CEO of
RAD Partners, LLC, a boutique consulting firm specializing in
legal, compliance, and regulatory matters. Daiuto is also a
seasoned executive with a track record of success in building and
growing businesses. His experience with digital assets and
blockchain-related technologies includes his work as COO and
General Counsel for tZero Group, Inc. and founding Director of
BSTX, the first SEC-regulated Securities Exchange Facility
leveraging private blockchain technologies. Daiuto is a current
Member of the Private Securities Executive Advisory Board of DTCC
and a former member of both the FINRA FinTech Industry Committee
and the Leadership Committee of the Chamber of Digital Commerce's
Token Alliance.
"We are thrilled to welcome Alexandra
Damsker and Ralph Daiuto to
our Board of Directors," said Shy Datika, INX's CEO. "Both
Alexandra and Ralph bring unique strengths and experiences that
will be invaluable as we continue to drive innovation and growth
for our company and for the entire digital assets ecosystem here in
the U.S. and globally."
Damsker and Daiuto will join INX's Advisory Board of
Directors immediately and will work closely with the company's
executive team to help guide its strategic direction.
Damsker stated, "INX has a talented team that continues to set
industry standards with innovation in digital asset compliance,
liquidity, and access. I look forward to developing new economic
models with them as compliance continues to grow."
Ralph Daiuto added, "I have been
closely following INX's journey in the digital asset space and
believe that they are well positioned for future success. I look
forward to working with the INX team and helping them build out
their regulated marketplace."
For more information about INX and its novel trading and
capital-raising financial instruments for enterprises and companies
worldwide, visit https://www.inx.co/.
About INX:
INX provides a regulated trading platform for digital securities
and cryptocurrencies.
With the combination of traditional markets expertise and a
disruptive fintech approach, INX provides state-of-the-art
solutions to modern financial problems. INX is led by an
experienced and dedicated team of business, finance, and technology
veterans with the shared vision of redefining the world of capital
markets via blockchain technology and innovative regulatory
approach.
About The INX Digital Company, Inc. INX is the holding
company for the INX Group, which includes regulated trading
platforms for digital securities and cryptocurrencies, combining
traditional markets expertise and an innovative fintech approach.
The INX Group's vision is to be the preferred global regulated hub
for digital assets on the blockchain. The INX Group's overall
mission is to bring communities together and empower them with
financial innovation. Our journey started with our initial public
token offering of the INX Token in which we raised US$84 million. The INX Group is shaping the
blockchain asset industry through its willingness to work in a
regulated environment with oversight from regulators like the SEC
and FINRA.
In addition to operating two regulated trading platforms for
blockchain assets, INX's interdealer broker, I.L.S. Brokers, plans
to offer non-deliverable cryptocurrency forwards to Tier-1 banks in
the future. For more information, please visit the INX Group
website here.
Cautionary Note Regarding Forward-Looking Information and
Other Disclosures
This press release contains statements that constitute
"forward-looking information" ("forward-looking
information") within the meaning of the applicable Canadian
securities legislation. All statements, other than statements of
historical fact, are forward-looking information and are based on
expectations, estimates and projections as at the date of this news
release. Any statement that discusses predictions, expectations,
beliefs, plans, projections, objectives, assumptions, future events
or performance (often but not always using phrases such as
"expects", or "does not expect", "is expected", "anticipates" or
"does not anticipate", "plans", "budget", "scheduled", "forecasts",
"estimates", "believes" or "intends" or variations of such words
and phrases or stating that certain actions, events or results
"may" or "could", "would", "might" or "will" be taken to occur or
be achieved) are not statements of historical fact and may be
forward-looking information. In disclosing the forward-looking
information contained in this press release, INX has made certain
assumptions, including with respect to, the continuous development
of the INX trading platform, the offering of non-deliverable
cryptocurrency forwards, and the development of the digital asset
industry. Although INX believes that the expectations reflected in
such forward-looking information are reasonable, it can give no
assurance that the expectations of any forward-looking information
will prove to be correct. Known and unknown risks, uncertainties,
and other factors which may cause the actual results and future
events to differ materially from those expressed or implied by such
forward-looking information. Such factors include but are not
limited to regulatory developments, the state of the digital
securities and cryptocurrencies markets, and general economic
conditions. Accordingly, readers should not place undue reliance on
the forward-looking information contained in this press release.
Except as required by law, INX disclaims any intention and assumes
no obligation to update or revise any forward-looking information
to reflect actual results, whether as a result of new information,
future events, changes in assumptions, changes in factors affecting
such forward-looking information or otherwise.
Cboe Canada is not responsible for the adequacy or accuracy
of this press release.
This news release does not constitute an offer to sell or
a solicitation of an offer to buy any of the securities in
the United States. The securities
have not been and will not be registered under the U.S. Securities
Act or any state securities laws and may not be offered or sold
within the United States or to
U.S. Persons unless registered under the U.S. Securities Act and
applicable state securities laws or an exemption from such
registration is available.
For further information, contact:
The INX Digital Company, Inc.
Investor Relations
+1 855 657 2314
Email: investorrelations@inx.co
For more information, contact:
Liz Whelan
liz@lwprconsulting.com
(312) 315-0160
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